Lockheed Martin Awarded FRES Study Contract

LONDON, UK, October 16, 2008

Lockheed Martin has been awarded a study contract by Atkins, the Systems House on the UK Ministry of Defence's Future Rapid Effects Systems (FRES) project, on behalf of the FRES Integrated Project Team (IPT). The study, to be delivered by January 2009, will develop performance, cost, time and risk information during integration of a concept turret and mission systems for the FRES Scout Vehicle (SV). Lockheed Martin's principal sub-contractors will be SciSys and Ultra Electronics.

The main emphasis of the study is to help MoD refine the FRES SV user and systems requirements, cost estimates and schedule to delivery. Trade studies will be performed in order to develop and assess options for integrating the mission systems into a combat-effective, affordable and low-risk Scout turret concept. The work will also build upon the FRES Electronic Architecture Technology Demonstrator Programme (EATDP) that Lockheed Martin UK and its teammates delivered for MoD through Atkins in 2007.

Lockheed Martin UK has consistently demonstrated its expertise in systems integration and delivering combat-effective mission system solutions to our customers," said Neil McCabe, Lockheed Martin UK's Director of Armoured Fighting Vehicles and Launchers. "We look forward to applying this expertise to the FRES project to help deliver this important capability to the British Army."

Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion. Lockheed Martin UK, a unit of Lockheed Martin Corporation, is a leader in systems integration working on major programmes spanning the aerospace, defence and civil sectors. Lockheed Martin works with more than 100 business partners and employs over 1700 people at sites across the UK.